05:07 PM EDT, 06/11/2024 (MT Newswires) -- Spirit Airlines ( SAVE ) said Tuesday that the management has decided to delay its analysts day for later in the year due to the timing of several initiatives.

The company's negotiations with bondholders "are progressing as expected," Spirit said in regulatory filing.

Spirit Chief Executive Ted Christie was quoted by Bloomberg as saying that the company is not considering bankruptcy and is instead working on repairing its balance sheet and modifying its business model.